AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Northwest Investment Counselors LLC

Northwest Investment Counselors LLC lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,357 shares of the company’s stock after selling 228 shares during the period. Northwest Investment Counselors LLC owned 0.05% of AMN Healthcare Services worth $2,330,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Mission Wealth Management LP grew its holdings in AMN Healthcare Services by 1.2% during the 1st quarter. Mission Wealth Management LP now owns 10,430 shares of the company’s stock valued at $865,000 after buying an additional 124 shares during the last quarter. Barclays PLC boosted its stake in shares of AMN Healthcare Services by 0.4% during the fourth quarter. Barclays PLC now owns 35,478 shares of the company’s stock valued at $3,647,000 after acquiring an additional 132 shares during the last quarter. Cetera Investment Advisers increased its position in AMN Healthcare Services by 2.3% during the 1st quarter. Cetera Investment Advisers now owns 5,944 shares of the company’s stock worth $620,000 after purchasing an additional 133 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in AMN Healthcare Services by 0.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 39,137 shares of the company’s stock worth $4,147,000 after purchasing an additional 137 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its stake in AMN Healthcare Services by 1.9% in the 1st quarter. Advisors Asset Management Inc. now owns 8,838 shares of the company’s stock valued at $733,000 after purchasing an additional 164 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 3.1 %

Shares of AMN stock traded up $2.64 on Friday, reaching $88.07. 1,709,037 shares of the stock were exchanged, compared to its average volume of 732,421. AMN Healthcare Services, Inc. has a 1-year low of $81.15 and a 1-year high of $129.04. The stock has a market cap of $3.35 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 3.13 and a beta of 0.41. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.35. The firm has a 50 day moving average of $95.74 and a two-hundred day moving average of $94.17.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, August 3rd. The company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.24. AMN Healthcare Services had a return on equity of 42.90% and a net margin of 7.29%. The company had revenue of $991.30 million for the quarter, compared to the consensus estimate of $988.32 million. During the same period last year, the business posted $3.31 EPS. The company’s quarterly revenue was down 30.5% compared to the same quarter last year. On average, research analysts anticipate that AMN Healthcare Services, Inc. will post 8.07 EPS for the current year.

Analyst Upgrades and Downgrades

AMN has been the subject of a number of recent research reports. Credit Suisse Group lowered their price target on shares of AMN Healthcare Services from $115.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, August 4th. Truist Financial boosted their price target on AMN Healthcare Services from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 4th. Bank of America cut AMN Healthcare Services from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $112.00 to $104.00 in a report on Friday, August 4th. StockNews.com began coverage on AMN Healthcare Services in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, BMO Capital Markets decreased their price target on AMN Healthcare Services from $114.00 to $106.00 and set an “outperform” rating on the stock in a research note on Monday, August 7th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, AMN Healthcare Services presently has a consensus rating of “Moderate Buy” and an average price target of $112.17.

AMN Healthcare Services Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.